Spreading the truth. Empowering the people.
via ineteconomics: Economists should stop pretending to be scientists and go back to the core of the field—as a field of inquiry and way of thinking I think people in this … Read more
by Amy S. The Economic Doomsday is here. The second financial bubble is going to soon burst, and there’s nothing anyone can do about it. The Federal Reserve has set up … Read more
Bloomberg article tl;dr – Compared with hard economic data, [market-based models that predict recessions are] more forward-looking. But not only can markets get it wrong, they’re also prone to rapid … Read more
via Business Insider: German industry went into a sudden and unexpected collapse in November. The data is so bad some economists think it might be wrong. Nonetheless, they agree that Germany … Read more
via Marketwatch: If you’re using economic indicators to determine your allocation to the stock market, you will most certainly be well behind the curve An Elliottwavetrader member attended the … Read more
by Brandon Smith There is a notion within the mainstream media that certain economic indicators are unassailable; they never stop being reliable. The way they look at and report on the … Read more
via Ben Leubsdorf The economic expansion that began in mid-2009 and already ranks as the second-longest in American history most likely will end in 2020 as the Federal Reserve raises interest … Read more
by Jesse “No regulatory penalties, no criminal indictments for fraud, no clawbacks, no prohibitions of bonuses at least during early phase of financial market recovery, all of this sticks in … Read more
via @MI_Investments: How many economists does it take to identify 3 massive bubbles shown on a chart that goes back to the 1800’s published on the cover page of the WSJ? … Read more
via SUNNY OH An inverted yield curve has a strong record as a recession predictor The yield curve has captured Wall Street—and to a lesser extent Main Street’s—attention in recent weeks. And … Read more
From Thorsten Polleit at Mises Wire: You get a lot of attention if you shout out things like “The stock market is about to collapse”, or “The US dollar crash is … Read more
via JACOB PASSY Prospective home buyers these days are probably feeling pressure to lock in a deal quickly given skyrocketing home prices across most of the country. But those who wait a … Read more
by muhdshuaib Warren Buffett does not give much credence to financial market predictions from economists. “I don’t pay any attention to what economists say, frankly,” he said. Warren Buffett believes … Read more
via Bob Ryan More than 1,100 economists, including 14 Nobel laureates, urged President Donald Trump to reverse course on recent trade measures. The economists drew comparisons between the current tariff … Read more
by John Rubino Birth rates are plunging almost everywhere. The first chart below shows that even notoriously populous China and India have entered the same reproductive neighborhood as the US … Read more
800,000 people will leave New York and California over the next three years due to the new tax bill, conservative economists Arthur Laffer and Stephen Moore said in an op-ed … Read more